Housing Prices in University Park / Highland Park Area, TX
How much do homes in University Park / Highland Park Area, TX cost?
Median List Price
$2,228,624
$608/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in University Park / Highland Park Area has increased by 17.6% since last year.
Summary: The median home list price in University Park / Highland Park Area was $2,228,624 in April 2024, up 17.6% from the previous year, and the median price per square foot was $608.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233.2K | $127.5K | -45.3% |
| 2 Bedrooms | $725K | $735K | +1.4% |
| 3 Bedrooms | $1.2M | $1.3M | +7.7% |
| 4 Bedrooms | $2.1M | $2.4M | +16.2% |
| 5+ Bedrooms | $2.9M | $3.7M | +25.8% |
Summary: University Park / Highland Park Area housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.3%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 25.8%.
Median List Price Compared To Nearby Neighborhoods
| University Park / Highland Park Area | $1.8M | $2.2M | +17.6% |
| Preston Place | $2.3M | $2.2M | -7.5% |
Housing Supply in University Park / Highland Park Area, TX
How many homes are available in University Park / Highland Park Area, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 169 | 224 | +32.5% |
Summary: The University Park / Highland Park Area real estate market had 224 homes for sale in April 2024, a 32.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 13 | 21 | +61.5% |
| 3 Bedrooms | 40 | 51 | +27.5% |
| 4 Bedrooms | 54 | 69 | +27.8% |
| 5+ Bedrooms | 60 | 79 | +31.7% |
Summary: The University Park / Highland Park Area housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 61.5%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 31.7%.
Days on Market for University Park / Highland Park Area, TX
How long does it take to sell a home in University Park / Highland Park Area, TX?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 87 Days | 51 Days | -41.9% |
Summary: Homes in University Park / Highland Park Area had an average listing age of 51 days in Apr 2024, down by 41.9% compared to the previous year.
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